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With the Banco Inter Digital Credit The lack of credit on your card will never again be a problem when finalizing your purchases.
At least this is the financial institution's proposal for selected customers, aiming to offer better payment options.
And, if you have already received any notification from Banco Inter about the digital credit plan, it is likely that you have some limit available for purchases.
In today's material we will explain everything about this proposal, in order to clarify whether or not it is worth using the service. Check it out!
What is Banco Inter's Digital Credit Plan?
Credit is a payment method that practically all Brazilians are already familiar with, as it was the most widely used option before the popularization of credit cards.
In this alternative, the customer basically gets credit from the store to make purchases in installments using a bank slip.
But, as we have seen, the popularization of credit cards ended up making the use of installment plans (or installment plans, as they are also known) increasingly rare.
At least that was what happened until Banco Inter launched its Digital Credit proposal, which basically consists of a credit limit to be used in purchases at Inter Shop, the e-commerce within the Inter app.
The idea behind this service is to enable customers to make purchases even if they don't have a limit on their traditional credit card.
Selected customers can pay for purchases in up to 24 installments. However, please note that you can only purchase 1 item per purchase using the installment plan.
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What are the rules for Banco Inter's Digital Credit Plan?
At this point, you already know the main proposal of Banco Inter's Digital Credit Card, and, as we have seen, it is a payment method that allows you to pay for purchases in up to 24 installments.
However, it is important to note that this proposal is not available to all customers, as approval depends on a credit analysis.
Furthermore, the limit released also depends on the customer's relationship with the bank, so it may be different for each person.
It is worth mentioning that there are some rules for using credit, which are:
- Prohibited: to use the credit plan, you must have an entry value of up to 50% in your account balance;
- Item limit per purchase: Banco Inter sets a limit of just 1 (one) item per purchase, regardless of the value.
- Installment due date: The due date of the installments is the same as the due date of the credit card bill.
- Number of installments: The number of installments is determined by the customer and can be up to 24 times.
- Shopping location: The digital credit card can only be used for purchases at Inter Shop and for selected items.
Does this proposal charge interest?
Just like any credit plan proposal, Banco Inter's Digital Credit Plan certainly includes interest.
As for rates, these vary according to certain criteria, such as: Purchase value and Number of installments, so that the more installments you make, the more interest will be applied to the contract.
Furthermore, if you are late in paying your installments, you may also be charged interest, so it is important to be careful.
To know the exact amounts of the fees, it is important that you check them when finalizing the purchase, where everything will be properly described.
Step by step guide to making your purchases with Banco Inter's Digital Credit Card
Making your purchases with Banco Inter's Digital Credit Card is very simple, and we'll see the step-by-step process right now.
But, first, a warning is in order: this proposal is still being tested, so Banco Inter has only released it to selected customers, so check availability in advance in the Inter Shop tab, in the App.
Let's go step by step:
1. Access your Inter account with the App;
2. Open the Inter Shop tab and look for the digital credit limit “banner”;
3. Look for an item within the available value;
4. To complete the purchase, check that your account has the balance corresponding to the down payment, and select the number of installments;
5. Check the details of the proposal and provide your address for delivery of the order;
6. Finalize the order by paying the deposit, and then just wait for payment confirmation.
It is important to note that you must track the installments and delivery of your order through the app itself, in the Inter Shop tab.
As for the payment of installments, this will occur automatically, on the due date of your Inter credit card, so just put the balance in the account and wait.
Visit Banco Inter's website to find out more details about the proposal: Digital Credit: how to buy in installments of up to 24x · Inter Blog.
Does the Banco Inter Digital Credit limit return after the purchase is completed?
After learning that Banco Inter's Digital Credit Card allows the purchase of only 1 item, it is common to have doubts about the return of the limit.
After all, after completing the purchase, the credit limit returns and can it be used for new purchases?
In principle, no, since after the purchase is completed, the digital credit limit disappears, and the granting of new limits is the bank's decision.
So when selecting your items to purchase, do so carefully so that it is truly worth it.
Is it worth joining this proposal?
Finally, we just need to talk about a very important point, which is: is it worth joining this proposal?
This decision must be made privately, since the Digital Credit really offers good possibilities, but it involves the incidence of interest.
So, evaluate the proposal carefully, in order to understand if it is really worth it considering your possibilities and needs.
In any case, for those looking for credit alternatives, it may certainly be worth checking out!
Read also: Fake Call Center Scam: How It Works and Tips to Protect Yourself.
